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Sep 30, 2012
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there's that and the defense budget. we are undertaxed. need to raise more revenues. do that by broadening the base and lowering rates and getting more revenue in. democrats need to compromise on entitlement reform and republicans need to compromise on taxes. again, it's not hard to figure out. it's just getting the political well encouraged to get the job done. >> they just can't come together. good to have you on the program. >> nice to see you. >> thank you so much. sheila bair joining us. >>> up next, do things go better with coca cola? the company's ceo thinks so. i'll talk to the head of the soft drink giant about bringing clean water to those around the globe. >>> well, this week in new york saw the eighth meeting of the clinton global initiative, the annual gathering of leaders and bold-faced names to address some of the globe's most challenging dilemmas. many in the developing world lack access to clean drinking water. ceo of the world's largest beverage company, coca cola, and the inventor of the segue let me in on their plans to quench that thirst. >> so ma
there's that and the defense budget. we are undertaxed. need to raise more revenues. do that by broadening the base and lowering rates and getting more revenue in. democrats need to compromise on entitlement reform and republicans need to compromise on taxes. again, it's not hard to figure out. it's just getting the political well encouraged to get the job done. >> they just can't come together. good to have you on the program. >> nice to see you. >> thank you so much. sheila...
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Sep 29, 2012
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-- for defense cuts. i mean, aren't your programs niche enough that you may not even feel it if there is sequestration? >> we absolutely have capabilities that are not platform dependent. the big savings come from taking platforms out of the inventory. we provide things that go onto those platforms or for soldier systems, radios, night vision goggles and jammers we put into aircraft and vehicles. so we have a lot of capabilities that are very compatible with the department of defense stated priorities as they go forward in the pacific and other places that they think are important. the thing that was most unnerving, i read all your presentations, the department of defense hasn't really given any guidance what's going to happen. >> they haven't. >> that's a little weird, isn't it? we're a few months away. >> our customer in some ways doesn't know anymore than the defense industry does at this point about where the cuts will be. i think that they're taking a hard look at programs and where they might take t
-- for defense cuts. i mean, aren't your programs niche enough that you may not even feel it if there is sequestration? >> we absolutely have capabilities that are not platform dependent. the big savings come from taking platforms out of the inventory. we provide things that go onto those platforms or for soldier systems, radios, night vision goggles and jammers we put into aircraft and vehicles. so we have a lot of capabilities that are very compatible with the department of defense...
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Oct 1, 2012
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in the defense sector, there's a real opportunity for savings by reducing service contracts. they're at record high levels. you know, like any other business tightening its belt, reduce our cost for outside vendors. some of these things can be, "a" done more efficiently with oversight and fewer cost overruns but always just done more cheaply. >> why do you think this isn't being done now? >> everything we have in our report is actually a low-hanging fruit substantively, but politically we have no illusions that these are all easy. everybody's got their constituency they're going to support. so these are things -- we need leadership. we need people to say this is the right thing. evidence doesn't support continuing to spend money on the osprey which has a 6% effective rate in combat. we can't have our troops using equipment that doesn't work. let's stop paying for it. we can't give money to industries that are incredibly profitable. so let's stop just giving money to people who have land that used to be farmed. let's stop the programs we can no longer afford and don't pack a p
in the defense sector, there's a real opportunity for savings by reducing service contracts. they're at record high levels. you know, like any other business tightening its belt, reduce our cost for outside vendors. some of these things can be, "a" done more efficiently with oversight and fewer cost overruns but always just done more cheaply. >> why do you think this isn't being done now? >> everything we have in our report is actually a low-hanging fruit substantively,...
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Sep 27, 2012
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s numbers are how well it's doing at playing defense. we know that part of their strategy is discounting their products, hoping they can create somewhat of a moat around them and give them time to get blackberry 10 out. seems that defensive strategy is working better than a lot of people expected. their average selling price is not down as much as people expected. a number of analysts expected them to do worse than that $2.5 billion number. they got up to 2.9. what we're seeing here is the the defensive strategy. it remains to be seen now that the iphone 5 is out and the samsung galaxy iii is out in the channel. >> all right, john. thank you so much. stock up big, 14% higher on r.i.m. up next, europe is a mess. the u.s. and china are slowing down. where is global growth coming from? bob hormats is with me. >>> then, it seems like a number of americans are learning a bad habit from washington. we'll tell you which one next. e, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get h
s numbers are how well it's doing at playing defense. we know that part of their strategy is discounting their products, hoping they can create somewhat of a moat around them and give them time to get blackberry 10 out. seems that defensive strategy is working better than a lot of people expected. their average selling price is not down as much as people expected. a number of analysts expected them to do worse than that $2.5 billion number. they got up to 2.9. what we're seeing here is the the...
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Oct 1, 2012
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brian belski, you don't consider your play a defensive play that you like right now. in the categories where you like the dividends, where do you like? consumer staples? where do you play it? industrials? >> we're overweight staples, industrials, tech and energy because those are the companies with great cash flow, great earnings consistency, oh, by the way, many of those companies are growing their dividends. it's a great kind of wrap-up it up into one party. >> the key is dividend growth. great to see you. that is first hour of "the closing bell." don't go
brian belski, you don't consider your play a defensive play that you like right now. in the categories where you like the dividends, where do you like? consumer staples? where do you play it? industrials? >> we're overweight staples, industrials, tech and energy because those are the companies with great cash flow, great earnings consistency, oh, by the way, many of those companies are growing their dividends. it's a great kind of wrap-up it up into one party. >> the key is dividend...
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Sep 26, 2012
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bergersen got almost five years for communicating national defense information. kuo, a naturalized american citizen, is in a u.s. prison doing 15 years for espionage. for every case that is broken, like the bergersen case, for example, how many others are there that we have no idea about? >> oh, isn't that the important question? you never know what you don't know. but, certainly, we have seen such an extensive range of activities by the chinese that it should make you very uncomfortable. >> since this story aired, tai shen kuo's sentence was reduced to five years because he cooperated with the prosecution, and the judge felt the damage to national security had been limited. he's scheduled to be released in june of 2012.
bergersen got almost five years for communicating national defense information. kuo, a naturalized american citizen, is in a u.s. prison doing 15 years for espionage. for every case that is broken, like the bergersen case, for example, how many others are there that we have no idea about? >> oh, isn't that the important question? you never know what you don't know. but, certainly, we have seen such an extensive range of activities by the chinese that it should make you very uncomfortable....
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Sep 27, 2012
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more growth-oriented equities than more of the defensive names. but those growth equities that have supportable dividends. and are leveraged toward future economic growth. and i would have some money in bonds to guard against inflation, recession, double dip, worries about a fiscal cliff and a recession that could cause and some of those issues we really have a lot of uncertainty at this point. >> for those of you watching at home and think you want us to go into growth-orientated stocks. also the recent economic data like the durable goods today. are we sliding backwards economically speaking? >> we're longer-term investors. i view it as longer-term opportunities. some of the defensive names have run up quite a bit for a lot of reasons that were given. so there's some opportunity in some of the more leveraged, higher-growth, higher beta, higher volatility types of names out there. >> does that mean -- we'll get back to you in a second, but i want to follow up with you, michael on that. are you selling some of the miners? i know you like b.h.p. bi
more growth-oriented equities than more of the defensive names. but those growth equities that have supportable dividends. and are leveraged toward future economic growth. and i would have some money in bonds to guard against inflation, recession, double dip, worries about a fiscal cliff and a recession that could cause and some of those issues we really have a lot of uncertainty at this point. >> for those of you watching at home and think you want us to go into growth-orientated stocks....
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Oct 1, 2012
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is obama really going to be able to articulate a defense on fiscal policy. i haven't heard him give any speech where he seems to be in the weeds on this. >> i thought he was a tough campaign strategist. >> now, look, if he takes my advice, which he won't do. i would talk about the following. i have a bill that all kinds of economists say would create at least a million jobs, congress won't touch it. >> i think that we haven't answered the funnel eed the fun question that -- if romney gets into this pro business thing, are we going to have inflation like your venezuelan idea? >> i don't care much about venezuela, although it looks like what's his name is going to lose, chavez is going to lose. i do remember argentina having been down there several times in in the 1990s, you buy all these bonds, you have a triple digit inflation rate. lee munson, thanks. >> i'm a bull, it's okay to be a bull. >> all right, the kudlow caucus is staying throughout the area. here's what we're going to tackle up next, the north koreans now, they say we're planning to inthey would
is obama really going to be able to articulate a defense on fiscal policy. i haven't heard him give any speech where he seems to be in the weeds on this. >> i thought he was a tough campaign strategist. >> now, look, if he takes my advice, which he won't do. i would talk about the following. i have a bill that all kinds of economists say would create at least a million jobs, congress won't touch it. >> i think that we haven't answered the funnel eed the fun question that -- if...
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Sep 28, 2012
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osama bin laden was dead so we could slash defense and pull out of afghanistan early and leave iraq entirely and now the narrative is in tatters. they had a huge personal political interest in maintaining that narrative. it was wrong to begin. it is wrong now and the president himself, even the day after his own director of counterintelligence, matthew olson said it is a terrorist act. this guy went on "the view" of all places to repeat the lie. >> and it is worse than that. he went before the u.n. i read his speech. he had three fat paragraphs mr. obama did trying to sell the video/spontaneous demonstration. still, that was, what, this past tuesday. >> correct. >> and remember, he and mrs. clinton went on tv in pakistan still apologizing for the video. they have so much invested in the notion that if we reach out, don't offend these people we will get along fine. it is ludicrous. it's a lie and the president of the united states needs to come before the american people and explain to them what did he know? when did he know it? and why has he and senior officials been lying. >> is jack jacob
osama bin laden was dead so we could slash defense and pull out of afghanistan early and leave iraq entirely and now the narrative is in tatters. they had a huge personal political interest in maintaining that narrative. it was wrong to begin. it is wrong now and the president himself, even the day after his own director of counterintelligence, matthew olson said it is a terrorist act. this guy went on "the view" of all places to repeat the lie. >> and it is worse than that. he...
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Oct 2, 2012
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defensive nature to the sectors that were doing well today. the classic defensive plays, health care and utilities leading the way followed by everybody's favorite these day, telecom, because of that dividend play. the financials are squeaking out a gain at the close. peter costa, what do you make of this late comeback? >> we've seen the last few days where the market's been up and sold off towards the end of the day. this is just a reversal. i think towards the end of the day we've seen a lot of reversals. you know, short positions being covered. >> the spanish, we believe they'll eventually ask for help from the european central bank. >> get it over with. >> what does the market do when that finally happens? >> well, i think there will be a sigh of relief. one of the question marks that's been overhanging the market for the last six months will be answered. i would imagine it would be not fully answered, but it will be answered. i think the market will probably rally after that. i guess we'll go to earnings season and follow it through there
defensive nature to the sectors that were doing well today. the classic defensive plays, health care and utilities leading the way followed by everybody's favorite these day, telecom, because of that dividend play. the financials are squeaking out a gain at the close. peter costa, what do you make of this late comeback? >> we've seen the last few days where the market's been up and sold off towards the end of the day. this is just a reversal. i think towards the end of the day we've seen...
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Oct 4, 2012
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obama spent a lot of time on the defensive. however, i don't think we've got any new specifics from either candidate tonight. mitt romney talked about the goals that he has articulated and he articulated in the convention speech. president obama did the same thing. i don't think anyone put new policy on the table tonight. >> one thing i'll say though on this point, we covered the convention in tampa bay. i was very unhappy with romney after that whole 45 minute speech he gave there were 200 words on the economy. here's the deal. i now believe, i now believe that romney is absolutely committed to pro growth tax reform. so lower the rates and broaden the base, create incentives and cover revenues. >> he said it many times. >> i also now believe he is going to roll up his sleeves and negotiate a deal. that's how important he thinks it is. i didn't know this before. and i hadn't heard it at the convention. >> let's talk about where the truth telling was and where it wasn't. so were the candidates telling the truth tonight all the t
obama spent a lot of time on the defensive. however, i don't think we've got any new specifics from either candidate tonight. mitt romney talked about the goals that he has articulated and he articulated in the convention speech. president obama did the same thing. i don't think anyone put new policy on the table tonight. >> one thing i'll say though on this point, we covered the convention in tampa bay. i was very unhappy with romney after that whole 45 minute speech he gave there were...
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Sep 27, 2012
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the minus 1.6 number on x transportation i'm guessing another big decline in defense, defense aircraft was down and where is defense overall? it looks like defense capital goods down 40% so this is a thing that has to do with maybe we're seeing some of the -- >> is this the fiscal cliff? >> it wouldn't be the face fiscal cliff as much as what is happening in afghanistan and iraq, and the drawdown. i have to call the pentagon and see if they'll give us a general idea on spending. we have been chronicling over the last 11 years the complete inability of the government to count what the government spends and/or hires, it's been a source of amazing frustration. i get they have trouble with the private sector but you'd think they'd get the hiring of government officials or government workers to be right. on the claims number, a little bit towards the things are getting a little better number. rick, i didn't see the continuing claims number. some economists were looking for that gauge for how they do on what their sense of unemployment is as well. >> i'll run and check it while you keep talk
the minus 1.6 number on x transportation i'm guessing another big decline in defense, defense aircraft was down and where is defense overall? it looks like defense capital goods down 40% so this is a thing that has to do with maybe we're seeing some of the -- >> is this the fiscal cliff? >> it wouldn't be the face fiscal cliff as much as what is happening in afghanistan and iraq, and the drawdown. i have to call the pentagon and see if they'll give us a general idea on spending. we...
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Oct 2, 2012
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once in the organization and another plays defense. it is not the bears' defense. it is more the jets. you know what they are? they are on the punt pass. the season is over. >> two games left. >> there's a pup blast, a physically unable to perform list and microsoft is on the pup list. hewlett-packard is on there, dallas i.r. is there. >> are they career-ended injuries? >> come on, microsoft has a 3% dividend yield. >> sanchez just has to complete 3% of his passes. >> just keep going. >> i want to go with the man -- people didn't go for this. i'm going football metaphors. >> i thought it stayed on so i wasn't following. >>> let's talk american airlines. american airlines has temporarily grounded eight plans evaluated after seems became loose on two lanes in the last few dids. the investigators are the latest setback for america. they have been hurt in flight delays and cappslations causing travel agents to book flights with other airlines. of course, there a bitter dispute going on and a lot of the delays are pilot differentiated. americans lost could really be a g
once in the organization and another plays defense. it is not the bears' defense. it is more the jets. you know what they are? they are on the punt pass. the season is over. >> two games left. >> there's a pup blast, a physically unable to perform list and microsoft is on the pup list. hewlett-packard is on there, dallas i.r. is there. >> are they career-ended injuries? >> come on, microsoft has a 3% dividend yield. >> sanchez just has to complete 3% of his passes....
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Sep 26, 2012
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so they had somewhat defensive tendencies back then. so i really don't think it's essential to see leadership from the transportation sector. i'd really prefer to see frit the technology sector, which we have seen. >> walk us through what is leading -- and also, in terms of small caps, things with a little higher volatility that people tend to look to as canaries. >> right. so small caps -- and i'd also highlight emerging markets as having captured some performance recently. if you look at the emerging market shares, they've really lost momentum. i think investors will ultimately be seek out performance there because they're less overbought than the u.s. market. >> i heard you suggest that it was a buying opportunity. i didn't quite catch the level that you were targeting on the s&p. how high do you think we can bounce? >> well, 1420 is initial support and the breakout that we saw recently targeted about 1530, although the next resistance that it faces is up at the 2007 high. >> 1530 is 100 points higher than we are now. >> it is. and i
so they had somewhat defensive tendencies back then. so i really don't think it's essential to see leadership from the transportation sector. i'd really prefer to see frit the technology sector, which we have seen. >> walk us through what is leading -- and also, in terms of small caps, things with a little higher volatility that people tend to look to as canaries. >> right. so small caps -- and i'd also highlight emerging markets as having captured some performance recently. if you...
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Sep 28, 2012
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. >> in illinois today, europe begins its defense of the ryder cup. four matches this morning and four more matching in the afternoon. rory mcilroy and graham mcdowell within the first to tee off against jim furyk and snedeker. >> so we're hoping for him. no tiger/rory match-up today. and you remember somebody -- norman said that rory mcilroy intimidating tiger. nobody intimidates tiger. >> you would. >> i don't intimidate tiger or his caddie. he got rid of that thug. i think he's now with adam scott. but then the guy said adam scott won some average tournament and he said it was the greatest caddying game. i think he's a kiwi, isn't he? anyway, now today's weather forecast. alex wall larks i was trying to find out when on nbc the ryder cup starts today. >> i'll find out. >> alex, you're a renaissance man. you don't just know about rain, do you you? is there rain in illinois? how about that? >> it looks like the rain will be sinking just south of illinois, maybe a few showers this morning. but later today should be a little drier. >> who is it on toda
. >> in illinois today, europe begins its defense of the ryder cup. four matches this morning and four more matching in the afternoon. rory mcilroy and graham mcdowell within the first to tee off against jim furyk and snedeker. >> so we're hoping for him. no tiger/rory match-up today. and you remember somebody -- norman said that rory mcilroy intimidating tiger. nobody intimidates tiger. >> you would. >> i don't intimidate tiger or his caddie. he got rid of that thug. i...
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Sep 28, 2012
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think there is an appreciation that you don't do it, you sta a start off with cuts, 50 billion from defense, 50 billion from important programs. nobody comes ahead from either side of the aisle and certainly the american public does not come out ahead. >> you have built a very successful firm, gotten very nice press lately at center view. while the industry has been suffering to say the least. what do you make of 2013 as we head into it? i hear that we're going to see so many big investment banks still need to cut both compensation and perhaps head count. >> so clearly the industry remains in a period of transition. it's been like this for a few years. but i think it's important to recognize that this industry has always had periods of transition. just in my career, 25 years, i can think of three different cycles. the industry always comes out on top on a competitive basis globally. i do think we still have the most intellectual capital anywhere in the industry. the most innovation. and you already see firms doing what they should do to get to the right place. they're focusing on businesses
think there is an appreciation that you don't do it, you sta a start off with cuts, 50 billion from defense, 50 billion from important programs. nobody comes ahead from either side of the aisle and certainly the american public does not come out ahead. >> you have built a very successful firm, gotten very nice press lately at center view. while the industry has been suffering to say the least. what do you make of 2013 as we head into it? i hear that we're going to see so many big...
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Oct 4, 2012
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i've put forth michigan and illinois as defense that plan doesn't work well in the long-term. >> all right, rick, thank you very much. just a couple of quick headlines that are coming out from the draghi conference, steve, i'll run through these with you, you can tell me the most important, talk about inflation expected to stay above 2% in 2012, money growth remaining subdued, economic growth to remain week, no shocks on any of these things. he says the omt decision helped alleviate tensions in recent weeks and that it is now essential that governments keep implementing steps to try and reduce imbalances. >> right, so he needs the spanish government to request this so he can do what he believes what needs to be done. that's why he's not independent anymore. above 2% inflation forecast may explain why the ecb defied some forecasts and not cut rates, brought that from 75 down to 50 or parody with the federal reserve. i think part of the problem is that the euro has been as strong as it's been. >> also saying the council firmly committed to preserving singleness of monetary policy. >> h
i've put forth michigan and illinois as defense that plan doesn't work well in the long-term. >> all right, rick, thank you very much. just a couple of quick headlines that are coming out from the draghi conference, steve, i'll run through these with you, you can tell me the most important, talk about inflation expected to stay above 2% in 2012, money growth remaining subdued, economic growth to remain week, no shocks on any of these things. he says the omt decision helped alleviate...
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Sep 26, 2012
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elsewhere, australia miners ended lower, but defensive headquarters capped loss on that market. india's index lowered by about .4 of a percent. >>> let's get over to london now and the latest out of europe. kelly evans is standing by with that. kelly, what can you tell us about some of the chaos there? >> becky, good morning. pretty much get a sense from looking behind me, it's great to see her, by the way, on your program. usually we just get to hang out on "worldwide exchange." you'd be hard pressed to find stocks in the green. there's a couple over there, but really not too many to mention. this is a pretty broad-based selloff. for the most part. we can take a look at the ftse 100. now greater than 1% on the morning. dax down 1.5%. cac shedding nearly 2% at this point. spain's ibex down 2.65%. this is where some of the real action has been. i almost don't need to do anything else but show you this chip and that can give you a sense of what's happening in markets. we've seen concerns about the health of different regions of spain drawing on the sovereign's finances. that start
elsewhere, australia miners ended lower, but defensive headquarters capped loss on that market. india's index lowered by about .4 of a percent. >>> let's get over to london now and the latest out of europe. kelly evans is standing by with that. kelly, what can you tell us about some of the chaos there? >> becky, good morning. pretty much get a sense from looking behind me, it's great to see her, by the way, on your program. usually we just get to hang out on "worldwide...
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Oct 3, 2012
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>> we had a pretty darn good economy when we were playing bill clinton's tax rates and then it cuts defenses we haven't done in 30 years and entitlement programs. >> there's a few on the left that admit that going back to the clinton tax rates is not just for people who are 250, it's for everyone. >> i agree with that. >> $200 billion in the middle class from the bush tax cuts and $100 billion from the payroll tax cut -- >> it would do a lot. >> we should take our medicine, we should do it. >> that's where i think you're right. we have to -- any politician who says democrat or republican, we're going to get out of this without suffering some pain -- >> that's what we're hearing from paul krugman who says any democrat that goes along with the simpson/bowles. >> only for one reason, you shouldn't raise the -- you shouldn't raise the eligibility for medicare to 67. that makes no sense at all. but otherwise -- >> why doesn't it? >> because medicare is the only universal health care plan that we have in this country. and to raise it at the time when people are retiring is insane. and furthermore,
>> we had a pretty darn good economy when we were playing bill clinton's tax rates and then it cuts defenses we haven't done in 30 years and entitlement programs. >> there's a few on the left that admit that going back to the clinton tax rates is not just for people who are 250, it's for everyone. >> i agree with that. >> $200 billion in the middle class from the bush tax cuts and $100 billion from the payroll tax cut -- >> it would do a lot. >> we should...
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Sep 28, 2012
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let's see if it squares with what the defense secretary told you? >> we have been very clear to the assad regime, but also to other players on the ground that a red line for us is we start saying a whole bunch of chemical weapons moving around or being utilized. that would change my calculus, my equation. >> so, barbara, is the calculus -- is the equation changing here? that's what the -- the president said the red line. how do you square that with what the defense aekt is saying today many. >> listen to what the president is saying. you're right. a whole lot of weapons moving around. the pentagon seems to feel at this point that it is for security purposes security consolidation as we've been saying, but, you know, at what point does that change. at what point do they see the potenti potential. that's the critical juncture. they don't think it's there yet, but the president said something very interesting. the rebelling i'm other other players. as the fighting intensifies in syria, one of the big emerging concerns is what if the rebels begin to tak
let's see if it squares with what the defense secretary told you? >> we have been very clear to the assad regime, but also to other players on the ground that a red line for us is we start saying a whole bunch of chemical weapons moving around or being utilized. that would change my calculus, my equation. >> so, barbara, is the calculus -- is the equation changing here? that's what the -- the president said the red line. how do you square that with what the defense aekt is saying...
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Sep 29, 2012
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and mitt romney is out to make the case that the best defense is a better economy. >> in battle ground virginia both president obama and mitt romney pulled out the heavy artillery. romney slammed the president for the defense cuts coming at the end of the year. >> it is still a troubled and dangerous world and the idea of cutting our military commitment by a trillion over this decade is unthinkable. and devastating. and when i become president of the united states, we will stop it. i will not cut our commitment to our military. >> the president once again blasted romney's hidden camera comments on the 47% of americans he dubbed victims of government dependence. >> i don't think we can get very far with heed lookers who write-off half the nation as a bunch of victims who never take responsibility for their own lives. >> 47% people of the people -- >> the obama campaign turned romney's remarks into a devastating new ad playing the words under the faces of families and veterans. >> and they will vote for this president no matter what. so my job is not worry about those people. they should
and mitt romney is out to make the case that the best defense is a better economy. >> in battle ground virginia both president obama and mitt romney pulled out the heavy artillery. romney slammed the president for the defense cuts coming at the end of the year. >> it is still a troubled and dangerous world and the idea of cutting our military commitment by a trillion over this decade is unthinkable. and devastating. and when i become president of the united states, we will stop it....
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and you know, in defense of the secretary of defense, the details are coming in very slowly simply because it's been difficult to get people out of the country. the debriefings have gone slowly and we can't put people on the ground because of the security situation. so the truth has come out very slowly, even inside our government. >> fran, a lot of people are being critical of the administration. to play devil's advocate here, it's one thing for politicians who are not part of the government to say -- or not part of the administration to say well, look, we should have known this earlier. it's another thing for administration officials to come out in front of an investigation and say oh, it was a terrorist attack. there was a level of caution that an administration official would have that a congressman would not, who is more critical. >> anderson, that's exactly right, and remember, after the bin laden raid, they came out initially with details that turned out not to be accurate and they were really criticized for it. so in some ways, that is understandable. what i don't understand, thoug
and you know, in defense of the secretary of defense, the details are coming in very slowly simply because it's been difficult to get people out of the country. the debriefings have gone slowly and we can't put people on the ground because of the security situation. so the truth has come out very slowly, even inside our government. >> fran, a lot of people are being critical of the administration. to play devil's advocate here, it's one thing for politicians who are not part of the...
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defense secretary leon panetta says the u.s. has intelligence that syria's government has moved some of its chemical weapons to secure them. >>> newly released documents show that colorado movie theater shooting suspect james holmes threatened someone at the university of colorado where he was a graduate student, and had been banned from campus. the documents are heavily redacted but prosecutors say it was a professor that holmes threatened. >>> michigan authorities took two soil samples from beneath a storage shed at a suburban detroit home in the latest search for former teamster chief jimmy hoffa. he has been missing since 1975. he was declared dead in 1982. a tipster told police he saw a body being buried at the site the day after hoffa disappeared. the soil samples will be tested for human remains. police say today's search did not turn up any evidence that someone was buried there. a rare white whale has been spotted off australia's eastern coast. the albino humpback has been nicknamed by researchers who track his location
defense secretary leon panetta says the u.s. has intelligence that syria's government has moved some of its chemical weapons to secure them. >>> newly released documents show that colorado movie theater shooting suspect james holmes threatened someone at the university of colorado where he was a graduate student, and had been banned from campus. the documents are heavily redacted but prosecutors say it was a professor that holmes threatened. >>> michigan authorities took two...
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to get defensive. that's what caused the $10,000 bet with governor romney and that what caused the moment where president obama, then senator obama, told hillary she was likeable enough. i think both of them, when put on their heels, tend to make mistakes. >> let's play a clip of that from the hillary clinton/barack obama debate. >> he's very likeable. i agree with that. i don't think i'm that bad. >> you're likeable enough, hillary. >> thank you very much. >> so, realistically, what is the impact -- how as a debate prepper do you help someone navigate those moments that just happen as the debate unfolds? >> it's through extensive preparation. you know, the one thing that you can't compensate for is the lack of practice. so both men, i'm sure, have been working extensively to prepare for these moments. you know, the big thing is, to take them through every eve eventuality as much as possible and also get them mentally prepared. it's those mental lapses when they're not focused. keem them focused throug
to get defensive. that's what caused the $10,000 bet with governor romney and that what caused the moment where president obama, then senator obama, told hillary she was likeable enough. i think both of them, when put on their heels, tend to make mistakes. >> let's play a clip of that from the hillary clinton/barack obama debate. >> he's very likeable. i agree with that. i don't think i'm that bad. >> you're likeable enough, hillary. >> thank you very much. >> so,...
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Sep 27, 2012
09/12
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do they understand the charges against them and can they assist in their defense. is that kid competent according to those standards? >> according to the standards, the judge found that probably -- probably what the judge found was he didn't have to be told and there wasn't a determination that needed to be made whether or not he understood he had a right to keep his mouth shut because he either wasn't in custody yet or wasn't being interrogated. are you in custody and are you being asked a question that, if you answer it, it would incriminate you. >> i can't understand how a child can understand the process. you have understand the process to be in a courtroom to start with. clearly this thing has been moving along the pipeline. once it gets to trial, if it ever does, you get to the jury. and there are a lot of people in the state of florida who are not happy about this. the prosecutor is angela cory, by the way, the same one in the zimmerman case. ultimately would a jury look at a little kid and say first degree murder, life in prison without parole? not on my wa
do they understand the charges against them and can they assist in their defense. is that kid competent according to those standards? >> according to the standards, the judge found that probably -- probably what the judge found was he didn't have to be told and there wasn't a determination that needed to be made whether or not he understood he had a right to keep his mouth shut because he either wasn't in custody yet or wasn't being interrogated. are you in custody and are you being asked...
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america, the department of defense needs educated americans around stem. if we are not educated, and the private sector says prisons is big business and education isn't, that is messed up. >> just to echo what we're all saying, i am all in favor of stem education, but think of the high school dropout problem in the america, 28% of people are not graduating. >> seems to me the teachers are not paid enough and not trained well enough. >> this is the cradle of innovation. twitter, google -- everything you can think of, it came from apple and -- it's coming from here. you go -- this is where the republicans need to address immigration policies. you go to a college campus, and you will see people from korea, china, and you will see people from asia and latin america, and this is the country that everybody criticizes and yet wants to immigrate. >> that's all for us tonight. good tonight. [ male announcer ] every day, thousands of people, like you, are choosing advil® because it helps you keep doing what you love. no wonder it's america's #1 selling pain relieve
america, the department of defense needs educated americans around stem. if we are not educated, and the private sector says prisons is big business and education isn't, that is messed up. >> just to echo what we're all saying, i am all in favor of stem education, but think of the high school dropout problem in the america, 28% of people are not graduating. >> seems to me the teachers are not paid enough and not trained well enough. >> this is the cradle of innovation....
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Sep 30, 2012
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. >> does this end up giving the president kind of the upper hand even though he too is on the defensive as it relates to health care? >> the president is clearly in the lead, but still in a somewhat precarious position. he is defying gravity. he still has at least 2/3 of the country saying we're on the wrong track, usually that's a very difficult environment for the incumbent to get elected. and for the president, voters are not convinced they wanted to go the romney's direction, but extending where we are for the next four years is not an attractive process. he's got to walk that tight rope by saying we are moving in the right direction. and also kind of give people a sense of the next four years that are going to be better in their arrives than the previous four have been. >> sometimes we look ahead and see that yes, what these candidates say is going to be important and pivotal what their body language has said. who can forget the gore-bush debate, and you have to wonder between these two candidates, romney and obama, who's likely to win, who's likely to be too breathy, or maybe be a
. >> does this end up giving the president kind of the upper hand even though he too is on the defensive as it relates to health care? >> the president is clearly in the lead, but still in a somewhat precarious position. he is defying gravity. he still has at least 2/3 of the country saying we're on the wrong track, usually that's a very difficult environment for the incumbent to get elected. and for the president, voters are not convinced they wanted to go the romney's direction,...
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09/12
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defense secretary leon panetta said today that u.s. intelligence has detected syria moving chemical weapons at some sites for security reasons. a detail that could influence a decision about u.s. military intervention in syria. remember, this is what president obama said about chemical weapons in syria just last month. >> a red line for us is we start saying a whole bunch of chemical weapons moving around or being utilized. that would change my calculus. that would change my equation. >> secretary panetta said it is believed the chemical weapons remain secured by the syrian military. >>> a plane carrying tourists crashed today after colliding with an eagle on takeoff. all 19 people on board were killed. the plane was headed to a staging point where mount everest expeditions, it crashed and burst into flames just minutes after leaving kathmandu's airport. among the victims were seven british tourists planning to hike near mount everest. >>> the man believed to be behind that anti-muslim film that led to violence in the muslim world is b
defense secretary leon panetta said today that u.s. intelligence has detected syria moving chemical weapons at some sites for security reasons. a detail that could influence a decision about u.s. military intervention in syria. remember, this is what president obama said about chemical weapons in syria just last month. >> a red line for us is we start saying a whole bunch of chemical weapons moving around or being utilized. that would change my calculus. that would change my equation....
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it was not a strong defense by anybody's -- >> the best offense is not a good defense. >> i'm taking back your extraordinnaire. >> oh, smack! >> 67% said romney won only 25% thought the president won. dana, some highlights and low lights for us? >> i want to play a couple of sound bite that is really encapsulate what both men actually did right last night. first of all, on mitt romney, he really was aggressive but went after president obama on the whole idea of doing health care instead of jobs. also trying to move his way back to the middle after being so far to the right during the primaries. take a listen. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table and spent his energy and passion for two years for fighting for obama care instead of fighting for jobs for the american people. it has killed jobs. the best course for health care is to do what we did in my state, craft a plan at the state level that fits the needs of the state and then let's focus on getting the
it was not a strong defense by anybody's -- >> the best offense is not a good defense. >> i'm taking back your extraordinnaire. >> oh, smack! >> 67% said romney won only 25% thought the president won. dana, some highlights and low lights for us? >> i want to play a couple of sound bite that is really encapsulate what both men actually did right last night. first of all, on mitt romney, he really was aggressive but went after president obama on the whole idea of...
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Sep 26, 2012
09/12
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. >> president obama gave a siring defense speech. tell us about that. t >> the anti-american protests were raging across the middle east as a result. so what president obama did was, listen, the united states definitely approve of the video. but when we are talking about dma acy in the region, this is a part of that. >> the strongest weapon against hateful speech is not repression. it is more speech. the voices of tolerance that rally against bigotry and bl blasphemy. >> some of the leaders say we need to have some international law banning blasphemy and the anti-religious rhetoric. not just in their own countries where it exists but around the world. listen to the president, hamid karzai, talking about this subject. >> such acts cannot be called freedom of speech or explex. equally, they cannot give reason for the protests to be used inside the terrible losses of lives. >> what president obama did then was said, listen, if you want to have blasphemy be horrible, then you have to talk about a church being burned in israel and if the holocaust is -- this
. >> president obama gave a siring defense speech. tell us about that. t >> the anti-american protests were raging across the middle east as a result. so what president obama did was, listen, the united states definitely approve of the video. but when we are talking about dma acy in the region, this is a part of that. >> the strongest weapon against hateful speech is not repression. it is more speech. the voices of tolerance that rally against bigotry and bl blasphemy....
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. >> so to be clear and defense attorney joey jackson is back with me from atlanta. professor jackson representative akin was suggesting that the government should not be telling people what to do in their businesses and i think a lot of people really understand and feel that way. but there are something you can and cannot do according to the law. would you enlighten me, please as to whether you can choose somebody who is black make less or choose somebody who is female make more or less? what's the story? >> insert foot in mouth. you know there are laws in the country and what do they say? specifically the law he was talking about and it was a big political issue might remember the campaign and in fact at that time, you know, john mccain was even against it, and the republican party was against it but the law he's talking about relates to equal pay and there's a gender gap with between what females and males make. lowers are doing this inappropriately and there's a law that says you can't. in 1963 was the firstqual pay act we had but in 2009 president obama signed i
. >> so to be clear and defense attorney joey jackson is back with me from atlanta. professor jackson representative akin was suggesting that the government should not be telling people what to do in their businesses and i think a lot of people really understand and feel that way. but there are something you can and cannot do according to the law. would you enlighten me, please as to whether you can choose somebody who is black make less or choose somebody who is female make more or less?...
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wants to see road kill bambi being carted into the restaurant they're eating at but in the restaurant's defense, they do offer takeout. that does it for us. see you again one hour from now at 10:00 p.m. eastern. thanks for watching. "piers morgan tonight" starts now. >>> what i've done is just about the stupidest thing that any human being can do. >> arnold. think you've heard his whole story? wait until you hear this. >> i love maria. she has been truly the only love that i've ever had. >> tonight, arnold schwarzenegger, intensely honest. >> i say to myself you totally screwed up, arnold. you totally failed the family and have done all this stuff and caused all this pain. >> this is the man who turned politics on its head as governor of california. what's his debate advice for president obama and mitt romney? >> you've got to be able to look right into the screen and to communicate with the people. >> what does arnold schwarzenegger want to hear from the candidates? >> how are they going to bring both of the parties together and compromise rather than getting stuck in the idealogical corners.
wants to see road kill bambi being carted into the restaurant they're eating at but in the restaurant's defense, they do offer takeout. that does it for us. see you again one hour from now at 10:00 p.m. eastern. thanks for watching. "piers morgan tonight" starts now. >>> what i've done is just about the stupidest thing that any human being can do. >> arnold. think you've heard his whole story? wait until you hear this. >> i love maria. she has been truly the only...
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also, he's going to increase defense spending. yesterday, last night, he suddenly became a raving moderate, oh, he's not going to cut, he's not going to cut medicaid. he is not going to cut education. he is not going to give tax breaks to the wealthy. that is total hypocrisy because that is what he has been talking about for the last year and a half. >> that's why so many liberals, so many democrats, so many of the president's supporters are very concerned because the president had numerous opportunities to make some of those points that you just made. instead, we got something very different. let me play a few clips of what the president said. >> governor romney and i both agree that our corporate tax rate is too high. we both agree that we have to boost american energy production and it appears we have some agreept that a marketplace to work has to have some regulation. i suspect on social security we have a somewhat similar position. >> you understand what he was trying to do there because i got a bit confused. >> well, i think
also, he's going to increase defense spending. yesterday, last night, he suddenly became a raving moderate, oh, he's not going to cut, he's not going to cut medicaid. he is not going to cut education. he is not going to give tax breaks to the wealthy. that is total hypocrisy because that is what he has been talking about for the last year and a half. >> that's why so many liberals, so many democrats, so many of the president's supporters are very concerned because the president had...
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taking out the ground defense. both of those are major military operations. they involve war. they don't have -- they don't have strong support from nato allies. it's more go it alone for the united states. >> all right. >> an they don't seem to be that effective in addressing the underlying problem there. >> now, ambassador -- >> i think the president's approach is pretty common sense. been very forward. he's taken the lead on this but it's not military yet. >> ambassador williamson, you advise governor romney. what would a president romney do right now with regard to syria? would he take unilateral action? >> well, no. it's not required to take unilateral action. the arab league already called for more robust efforts. there are a number of european states. it east sbresing. general wesley clark led the successful kosovo engagement. in that situation, president clinton did not allow the u.n. security council to bind our hands and bring humanitarian relief but president obama has been playing mother may i with the russians and with china on what we can do in syria. and anyone
taking out the ground defense. both of those are major military operations. they involve war. they don't have -- they don't have strong support from nato allies. it's more go it alone for the united states. >> all right. >> an they don't seem to be that effective in addressing the underlying problem there. >> now, ambassador -- >> i think the president's approach is pretty common sense. been very forward. he's taken the lead on this but it's not military yet. >>...
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so, my guess is you're going to see president obama playing defense first. that's usually the tactic in a situation like this. president of the united states comes in, defends his record, makes the case for why he deserves a second term and the challenger then -- it's up to him to try to attack the record, and to bring this president down a notch. so in all likelihood my suspicion is you'll see president obama playing defense first, and mitt romney sort of going after him and trying to take a few chunks out of the armor. >> a breaking news matter out of pennsylvania you've been covering this, this judge that ruled the state can't enforce the new vote are i.d. law in the upcoming election. who does it impact, what does it mean? >> we're talking about probably 90,000 some say maybe 100,000, even more according to some accounts of people who don't have the type of i.d. required under this new law in the state of pennsylvania, the judge after an appeals court ruled had to essentially put in an injunction that injunction says we're not going to enforce this vote
so, my guess is you're going to see president obama playing defense first. that's usually the tactic in a situation like this. president of the united states comes in, defends his record, makes the case for why he deserves a second term and the challenger then -- it's up to him to try to attack the record, and to bring this president down a notch. so in all likelihood my suspicion is you'll see president obama playing defense first, and mitt romney sort of going after him and trying to take a...
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in their speeches today in virginia, they focused not only on defense issues but also the economy. the state is much bigger than just a battleground state over issues of national security and the economy, wolf. it's really a republican firewall for mitt romney. >> in battleground, virginia, they pulled out the heavy artillery. romney slammed the president for the massive defense cuts that are part of the fiscal clip coming at the end of the year. >> it is still a troubled and dangerous world and the idea of cutting our military commitment by a trillion dollars over this decade is unthinkable. and devastating. and when i become president of the united states, we will stop and i will not cut our commitment to our military. >> president, once again, blasted romney's hidden camera comments on the 47% of americans he dubbed victims of government dependence. >> i don't think we can get very far with leaders who write off half the nation as a bunch of victims who never take responsibility for their own lives. >> 47% of the people who vote for president obama -- >> obama campaign turned se
in their speeches today in virginia, they focused not only on defense issues but also the economy. the state is much bigger than just a battleground state over issues of national security and the economy, wolf. it's really a republican firewall for mitt romney. >> in battleground, virginia, they pulled out the heavy artillery. romney slammed the president for the massive defense cuts that are part of the fiscal clip coming at the end of the year. >> it is still a troubled and...
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wants to see road kill bambi being carted into the restaurant they're eating at but in the restaurant's defense, they do offer takeout. that does it for us. "outfront" starts now. "outfront" next, did washington reject repeated requests for increased security in benghazi? that's what happened, according to house republicans in a letter sent to secretary clinton today. one of the authors of the letter, representative darrell issa comes "outfront." >>> plus, we're 24 hours away from the first presidential debate. what are they going to say? we've got advisers to both of them. mitt and barack "outfront" tonight. and how a lot of money is riding on tomorrow's debate. a lot. let's go "outfront." >>> good evening, everyone, i'm erin burnett. "outfront" tonight, warning signs missed? that's what the republican head of the house oversight committee is charging tonight in the lead up to the u.s. ambassador's death in libya. he's calling for congress to return for a special hearing next week. it was a three-page letter and in it, darrell issa listed 13 security incidents and threats in libya in the past
wants to see road kill bambi being carted into the restaurant they're eating at but in the restaurant's defense, they do offer takeout. that does it for us. "outfront" starts now. "outfront" next, did washington reject repeated requests for increased security in benghazi? that's what happened, according to house republicans in a letter sent to secretary clinton today. one of the authors of the letter, representative darrell issa comes "outfront." >>> plus,...
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Sep 30, 2012
09/12
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the only reason they're up anyway is not because of anything great they did on offense or defense, but because the other side keeps making mistakes. the implosion has had nothing to do with the obama campaign really, so they can't afford to lay back at all or it will depress turnout. his point was you all are being entirely too cautious. >> i don't think that's true. i appreciate governor rendell. the fact is we've had a strategy that we've executed from the beginning. i think it's been effective. ultimately, we're ahead because the american people -- we're ahead, candy, because the american people believe that this president has many his mind and in his heart the middle class and how to rebuild an economy that works for the middle class in this country and that is fundamental in what they're looking for. i hope in this debate that's what we talk about. >> do you really think that americans believe that? if you look at right track, wrong track, many believe we're on the wrong track. many more believe that the economy is in a bad condition right now than in a good condition. isn't this
the only reason they're up anyway is not because of anything great they did on offense or defense, but because the other side keeps making mistakes. the implosion has had nothing to do with the obama campaign really, so they can't afford to lay back at all or it will depress turnout. his point was you all are being entirely too cautious. >> i don't think that's true. i appreciate governor rendell. the fact is we've had a strategy that we've executed from the beginning. i think it's been...
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his strategy will be to sort of play defense. not make any mistakes, play it very safe. he's got to stick to the strategy, which is emphasize the positives in the last four years and do what he's been doing, attack romney, attack him on that 47%. the other thing obama has to do, he's done a little bit but he hasn't to a certain degree is lay out specifics for a second term. if you look at the swing voters, they want to know what they're going to do. he's got to do that a little bit more. finally, in previous debates where obama has gotten in trouble, he seemed cocky and overconfident. >> there's a lot of talk about that. he could create trouble for himself if he goes down that road. that comes naturally. how do you overcome that? >> a lot of people have been talking about with hillary clinton when he said you're likeable enough, hillary. that was a similar dynamic. obama was winning the likability race there. he said it almost in an offensive way. he's got to be careful that -- obama doesn't have a lot of respect for mitt romney. >> exactly. does that manifesto owe that'
his strategy will be to sort of play defense. not make any mistakes, play it very safe. he's got to stick to the strategy, which is emphasize the positives in the last four years and do what he's been doing, attack romney, attack him on that 47%. the other thing obama has to do, he's done a little bit but he hasn't to a certain degree is lay out specifics for a second term. if you look at the swing voters, they want to know what they're going to do. he's got to do that a little bit more....
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against bill clinton over a sluggish economy, when casper wineberger, former president ronald reagan's defense secretary, was implicated in the iran contra scandal shortly before election day. bad news that bush, who served as reagan's vice president, did not need. in 2004, a classic october surprise. osama bin laden released a video on october 29th, just four days before election day in a razor-thin race between president bush and john kerry. three years after 9/11, it served as a reminder of the terrorist threat and strategists in both parties believed helped president bush. more recently the term october surprise has come to mean a seismic event in the fall of an election year. though most have centered around foreign policy, others have been about the economy, like in 2008. when the economy imploded, john mccain's advisors say his campaign collapsed along with it and never recovered. historians say in order for an october surprise to have a real 11th hour impact, it has to feed into a narrative that already exists, whether it's carter's ineffectiveness or questions about mccain's credentia
against bill clinton over a sluggish economy, when casper wineberger, former president ronald reagan's defense secretary, was implicated in the iran contra scandal shortly before election day. bad news that bush, who served as reagan's vice president, did not need. in 2004, a classic october surprise. osama bin laden released a video on october 29th, just four days before election day in a razor-thin race between president bush and john kerry. three years after 9/11, it served as a reminder of...